KSPG, a member of the Rheinmetall Technology Group, has deepened its cooperation with ZF Friedrichshafen, inking a five-year deal with a lifetime value of around EUR66m (US$74m).
Products supplied will be thrust washers and bushes used in transmissions, brakes, shock absorbers, chassis systems and damped flywheels.
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By GlobalDataThe move makes KSPG-subsidiary, KS Gleitlager, a 100%-global supplier of bearings for ZF’s 6-, 8- and 9-speed automatic transmissions.
The contract extending for a number of years, secures bearings-specialist KSPG a solid position for follow-up projects, says the component producer.
The deal covers metallic as well as metal/plastic composite bearings using brand name, Permaglide.
The most important criteria are the degree of friction and wear reduction along with the robustness of the bearings. It is these properties which contribute to a reduction in fuel consumption and therefore emissions, when driving.
The components will be manufactured at the main plant in Germany, St. Leon-Rot and at the plant in Celaya, Mexico.